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Priority transport issues for the European steel industry
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Transport plays a central role for the EU steel industry in its competitiveness within and outside of EU borders as it accounts for up to 15% the steel sector’s total costs. A functional single market, with established principles of free movement of goods and services, is a necessary foundation on which the more than 500 steel processing and production sites in 24 steel-producing member states of the EU rely on in their everyday operations.
Brussels, 12 June 2026 - Europe's steel industry has noted improvements made by EU ministers to the proposed reform of the Carbon Border Adjustment Mechanism (CBAM), but warns loopholes remain that could weaken both Europe's climate ambitions and industrial competitiveness.
EUROFER’s Annual Report 2026 sets out the key economic trends, policy developments and challenges shaping the future of the European steel industry today.
Brussels, 4 June 2026: One year after the United States imposed 50% tariffs on steel imports, European steel exports to the U.S. are down by one-third according to latest figures by the European Steel Association (EUROFER).
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
